HK Stock Market Move | BLACK SESAME (02533) rose nearly 9% during the trading day. The company has reached a strategic cooperation agreement with Pony.ai, aiming to jointly build a fusion system baseline for cabin driving integration.

BLACK SESAME (02533) rose nearly 9% during trading, and as of the time of writing, it was up by 6.02%, trading at HK$22.9 with a turnover of HK$6.7984 million. In terms of news, BLACK SESAME announced a strategic partnership with Banma Zhixing at the recent Alibaba Cloud Computing Conference. The two parties will collaborate extensively based on BLACK SESAME's Wudang C1200 family of chips to build a baseline for cross-domain integration on a single chip platform. This cooperation will also extend to the field of intelligent cockpit operating systems, with the development, integration, and testing of the first version of cabin driving fusion multi-system baseline software based on BanmaHypervisor. Shan Jizhang, founder and CEO of BLACK SESAME, stated that the development of the smart automotive industry requires collaboration from the entire automotive industry chain. BLACK SESAME is committed to leveraging its leading technology and products to build a mutually beneficial industrial ecosystem with more partners. The strategic partnership with Banma Zhixing is not only about technological integration, but also a forward-looking outlook for the future of smart travel. By enhancing their respective strengths simultaneously, both parties aim to provide more competitive products and solutions that better meet the needs of the market and customers.